How did John Jacob Astor spend his money?

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2026-05-06 23:05

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John Jacob Astor spent his money on various ventures, primarily real estate, which became his main source of wealth. He invested heavily in properties in New York City, contributing to its development. Additionally, Astor funded various enterprises, including fur trading and later, the establishment of the Astoria settlement in the Pacific Northwest. He also supported cultural and philanthropic initiatives, such as libraries and educational institutions.

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